The steps to ensure a network is secure
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The steps to ensure a network is secure

The last few years have seen blockchain platforms becoming the centerpiece of many tech conversations across the globe. This is because the technology not only lies at the heart of almost all cryptocurrencies in existence today but also supports a range of independent applications. In this regard, it should be noted that the use of blockchain has permeated into a…

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How a Tribe DAO Revote Shows the Flaws in DAO Governance
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How a Tribe DAO Revote Shows the Flaws in DAO Governance

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Back in April, a lending and borrowing protocol called Rari was hacked for approximately $80 million across seven different pools. Called Fuse pools, they basically let anyone create a lending market for any asset and “spin up their own Compound,” according to Jai Bhavani, Rari’s former CEO. Compound Finance was one of the very first…

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Bitcoin price briefly loses $20K on 'bunch of nothing' Powell speech
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Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech

Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Sub-$20,000 BTC price targets stay in place Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,945 on Bitstamp the night after hawkish comments from the United States Federal Reserve.  Intraday losses…

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US stocks lose $1.25T in a day — more than entire crypto market cap
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US stocks lose $1.25T in a day — more than entire crypto market cap

Bitcoin (BTC) and altcoins lost big on Aug. 26 after the United States Federal Reserve delivered hawkish remarks on economic policy. Across the board, risk assets took a major hit — U.S. equities shed around $1.25 trillion in a single session. Analyst: Powell retiring “soft landing” rhetoric As comments by Fed Chair, Jerome Powell, suggested that larger rate hikes were still…

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Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme – Featured Bitcoin News
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Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme – Featured Bitcoin News

After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, Sam Zuga responded by accusing unnamed “ignorant people” of working to tarnish the project. One Nigerian expert has advised prospective zugacoin investors to prioritize learning finer details about the project before investing. A Financial System for the Future As promoters…

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Pro-blockchain narratives hinder Bitcoin adoption, says StackinSat founder
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Pro-blockchain narratives hinder Bitcoin adoption, says StackinSat founder

Over a decade-long evolution later, for self-justified personal reasons, a handful of the crypto community members chose to believe in siding against Bitcoin (BTC), resulting in a narrative that preached “blockchain is great, Bitcoin is bad.” Josselin Tonnellier, the founder of Bitcoin exchange StackinSat and organizer of the Surfin’ Bitcoin 2022, believes that this particular notion is one of the main…

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rico
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Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year – Exchanges Bitcoin News

Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps of companies like Nubank and others that have already included crypto in their…

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Bear market uncertainty is the perfect time to build and learn, says Sato exec
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Bear market uncertainty is the perfect time to build and learn, says Sato exec

The decisions made by companies during bear markets play a pivotal role in determining their longevity in the crypto ecosystem. Representing Canadian Bitcoin (BTC) mining firm Sato Technologies, COO Fanny Philip revealed what it takes to survive the bearish loom as the market prepares for the next bull run. Speaking to Cointelegraph during the Surfin’ Bitcoin 2022 event in France…

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Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils
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Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils – Regulation Bitcoin News

Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules, the authority is trying to get a clearer idea of their financial state, knowledgeable sources say. Singapore Regulators Send Crypto…

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